1812 Brewing Company Inc (KEGS)

[THall]

LOL now that's hilarious. Hey, why do you think Maggie's is not listed as an asset of KEGS? Their total liabilities did not change either. Something tells me either KEGS financials are not accurate or Maggies is not owned by KEGS. Let's also not forget KEGS is still running a negative Net Income. An increase in revenue means nothing if your company is still losing money and have to borrow to keep the lights on.

Net Income $ (25,881) $ (231,449)


30-Jun-24 31-Dec-23
Total Liabilities $ 16,035,854 $ 16,029,286
TOTAL ASSETS $ 3,674,439 $ 3,385,333

Looking real good Q2 year over year
more than doubled. Buying "Maggies" was a good
investment by "KEGS". After the first quarter owning the
bar restaurant their first profit is more than 10 percent of
the purchase price.